Hi Joy....Yes, the homeowner would get any excess proceeds from a sale of a foreclosed home. You must remember, though, that any expenses the lender suffered would be subtracted from the excess. Legal fees, late fees, foreclosure fees, court fees, filing fees, and anything else the bank had to pay as part of the foreclosure process would be paid before any of the excess money from the sale was given to you.

I hope this has given you the guidance you were seeking. I wish you the best of luck!

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The information given here is not legal advice. As all states have different intricacies in their laws, the information given is general only. This communication does not establish an attorney-client relationship with you. I hope this answer has been helpful to you.